DISPUTE WITH THE IRS.
Mar 12, 2020OUTCOME: The IRS dismissed all its fines and apologized to the client.
A client had a dispute with the Internal Revenue Service (IRS). The IRS sent the client a letter stating that he owed them a considerable sum of money as a tax on his investment. The client was bewilde ... red because he had actually suffered a significant investment loss during that particular year. I contacted the IRS and asked them to provide the basis for their tax calculation. However, the IRS refused to provide any explanation and insisted that my client got the tax on his investment. I contacted several IRS managers about this matter, but with the same result. In the end, we escalated our dispute to the IRS commissioner in Washington, D.C.The commissioner’s office reviewed our complaint letter and agreed that there could be no tax on an investment loss. As a result, the IRS dismissed all its fines and apologized to the client.
